Manager at credit union pleads guilty to embezzling $1.9M

Aug 18, 2015

A manager at a Muskegon County credit union has pleaded guilty to embezzling $1.9 million from its cash vault between 2001 and this year.

The U.S. attorney's office in Grand Rapids said Tuesday Kathryn Sue Simmerman made the plea in federal court after being charged last month and admitting to the embezzlement.

Authorities say she took cash from the vault at Shoreline Federal Credit Union in Norton Shores and hid it in her purse.

Court documents say Simmerman was fired from her job in February.

She's scheduled to be sentenced Nov. 30.